Show OGDEN CITY UTAH WEDNESDAY EVENING SEPTEMBER ip 1930 5$ N EWS S' J Primaries Eliminate tU S U MEETS: TONIGHT and FOR SELECTION Views OF DELEGATES Ey FRANK FRANCIS Men And ‘"This life of drifting: is hard ant difficult Lady may I have something to eat” That was the opening salutation of an old man 77 who entered a restaurant at an early hour of mom ing He was given hot cakes and coffee jand ate with a relish as hungry omen Will Be iy rpr lhree Con- - Blease Loses to Byrnes in South Carolina and ernor Long Defeats Ransdell in Louisiana Couzens Renominated in Michigan and Himt Is Democratic Choice For Governor of Arizona NOMINATE MONDAY Senator Gardner Keynoter By The Associated Press TTHE apparent defeat of Senator Cole L Blease in South Car-- 1 For Bjig Salt Lake ed I olina and the elimination in Louisiana of Senator 'Joseph E Ransdell today stood out from the results of primaries helc Gathering yesterday in eight states While the two Democrats went under the first to James F Byrnes former representative and the latter to Governor dullness” the congreiwikrfd1 thstate and ®uey p- - Long- - Senator James Couzens appeared sure of Ke contention The state and publican renomination in Michigan Byrnes and Loner by Then he related how last night he judicial congressional conventions will be their Democratic1 nominations were assured of election in out a not select lawn did He slept held in Salt Lake September 15 and Republican! primaries will be held work since last December I am eveSngfnbegiifhingelatr 8C°?ciockfhto (from the logging camps of the elect delegates to three conventions northwest where there is extreme f Sept 10— (UP) LOS ANGELES Walter “Butterfingers” Senate Seats Gov-IMam- “I have had only eleven I days’ I as a bed but went to the sand hills ‘for he says the sand is soft and ’warm and with an overcoat to cover him he dozed until the chill of early morning 'I can no longer do a day’s work with a pick and shovel and in my search for employment I am in competition with young men who are as strong as I once was My ’years make the going rather rough and uncertain” i When a man has reached three the judicial convention will convene November in Ogden September 20 at the county courthouse At the state convention nomination of a candidate for the state su preme court Win take place and at the congressional convention a candidate for congress from the first congressional district of Utah will be chosen It will be optional at the primaries tonight whether two sets of delegates are selected Chairman D J Wilson of the county Repub lican central committee stating that the same delegates may attend both the state and cpngressional conven i ——— New Hampshire and Colorado also chose senatorial candidates South Carolina Michigan Vermont Ari zona New Hampshire and Colorado SCIENCE LISTS INTOXICATION’S SEVEN STAGES nominated gubernatorial candidates while Washington’s primary deter mined only party choices for the house of representative! LATEST RETURNS As shown by the latest available returns the results by states were: South Carolina — For senator ‘score and ten he should he com-'fortSelf-criticis- m (Democratic) James F Byrnes de Is First And feated Cole L Blease For governor by an old-ag- e pension When tions he is 77 he should be sheltered from Blindness For the judicial convention em(Democratic) Ibra C Blackwood Comes the storms of life leading Olin D Johnston by narrow bracing Weberi Davis and Morgan Last counties separite delegates will be margin Louisiana — For senator (DemoBut this old man who had rough-e- d selected Wales Sept 10 — (UP) cratic) Huey P Long defeated Joit and seemingly had been sePrimaries Will be held as follows WELWYN One reason a group can listen pa- - seph E Ransdell verely dealt with by fate possessed within Ogden city: to an after-dinn- er tiently health Michigan — For senator (Repubis c°ntained in an analysis speaker of Senator James Couzens leadlican) the ' He walked without Wary to be belc at “sven stages of drunkenness” by ing former Governor Chase S Osbending low Ogden city e Heath professor of phi- - born by substantial majority For Dr or showing a limp Second wardDistricts 12 to 18 losophy at the University of Wales governor (Republican) Wilber M both inclusive Primary to be held The stages according to the pro-- at Brucker attorney general well ahead ease Third ward amusement hall fessor are: Perhaps had he been given of Alex J Groesbeck and Judge Edward-Distri- cts throughout the years his joints “First—Self criticism A glass of ward J Jeffries 19 to 271 Third would have creaked with stiffness both inclusive! removes the tightness with Colorado — For senator (RepublicPrimary to be held wine and his limbs ached with which we hold ourselves in We are an) George H Shaw former chairtherefore probably better partners' man of state Republican committee at dinner than if we 51LvH1003 leading William V Hodges For senboth inclusive to be held ator (Democratic) Edward P Costi-ga- n Hardships are not without com- at Weber countyPrimary saybl£ courthouse former member of tariff comof n?J“hing others That pensating benefits Fifth ward—Districts 42 to 54 both 1S Second— Criticism can listen to the most mission leading two opponents why inclusive Primary to be held at There is a tempering of the wind Lewis school extraordinary nonsense in the way HUNT IS NOMINATED of ' after-dinn- er — For governor to those who are out in the storms (Demo-crati- c) Arizona speeches GARDNER SELECTED Third — Various faculties begin to of misfortune SALT LAKE :CITY Sept '10— former Governor George W P Hunt (AP) — Senator j Hamilton Gardner go — One can still see and Governor leading three opponents Fourth of state Utah senate th? As the old man departed a president Phillips Republican inwill be temporary chairman and will m°ve bufc 13 rather doubtful about cumbent was unopposed in merry laughter approached °ne 3 glass waJ Vermont — For governor give the keynote address at the Re- - w Fifth— move- - lican) Stanley C Wilson (RepubThe Mon-state! convention 1 here lieuten publican Old age and youth met to provoke I he eyes &pes ant Imer two Pett of governor day chairman rivals the leading will the years the question “What SLxth—One sees double New Hampshire — For senator (Reparty’s state Central committee an- bring the boy?” “Seventh— One is ‘blind’” j nounced W Keyes unop publican) The aralysis was based on spirits posed ForHenry Mrs Stephen’ A Abbott will act governor is well that the answer is It behind as temporary 'vice chairman with R consumed in countries not affected former Governor John(Republican) G Winant the veil of years T Thuber of Richfield as tempo- - by Prohibition One or two glasses conceded nomination rary secretary The opening of the 01 sPeafeeasy Scotch or southern Washington — For representatives “The world is a looking glass ’and convention will follow a parade I moonshine is said to enable the (both parties) incumbents with gives back to every man the reflec- through the business district here American drinkers to miss all but three congressional districts trailflrst and seventh stages The program for the state con-th- e tion of his own face Frown and it ing their opponents in turn will frown laugh and it will vention has been completed A re cess will be called on the first day laugh with you” for the Second congressional district conventiprt scheduled for the What one puts into life comes afternoon of Monday back Another hat Was in the political today that of Harvey H Cluff That being true at 77 the old ring state attorney general for eight man should be able to measure his years who is the seeking Republicyears with some degree of accuracy an nomination for congressman the Second district He might tell a story of wasted from Mr Cluff attorney general from opportunities and misdirected 1920 to 1928 safd he delayed entering his name! because of his dislike for the campaigns But he would be a sorry old man ‘in which candidates seek to pack to now spend his days in regrets and :he primary ahd select pledged dele- - CONSTRUCTION of a $100000 livestock exchange building repining ed -- j ! ’ I -- i Construction Begun At Stockyards On Exchange Building pre-convent- gates' Given certain elements of strength coupled with weaknesses he might not have been capable of changing to any great extent the course of events which finally made him a hungry old man sleeping out Down in Buenos Aires the troops became so high strung that they opened fire on each other The soldiers never had been in action and lacked steadiness under strain Which is a reminder that at the first battle of Bull Run in our Civil war the raw northern troops grew alarmed at their First setback fell into panic and retreated pell mell in the direction of Washington The southern troops failed to pursue the defeated army They were demoralized by the excitement of victory That is a bit of the cave' man which manifests itself when the reasoning mind is' dethroned allowor fear to dominate ing rage s When the Utah pioneers showed a preference for carrots they made no mistake Though they had never heard of vitamins they knew carrots were healthful Now the experts in foods advise the eating of carrots because the carrot is rich in vitamin A Man without perverted tastes needs but respond to his appetite to eat that which is essential to his body What painful regrets must afflict the dictator when finally he is driven from high office of president of a republic There must come a sense of lost opportunities Perhaps there is no consciousness of abuse of power De Foe tells us that justice is always violent to the party offending for every man is innocent in his own eyes The dictator pation of power for a time but successor turns expelled by the ! L p-- Coal Miner Falls 17 V I ICtim i r jOI ' 1 Lxplosion FAIRVIEW Sept 10 Andrew Christensen 65 (was killed in the 15 miles from Huntington coal-minhere Tuesday Albert Christensen a brother and manager of the pnne and Dr W P Winters of Mount Pleasant who investigated stated the man was alone at the time and that believed his lamp to have gone they out causing him to stumble £tnd fall after a fuse had been ignited Christensen’s skull was fractured' by a blast He is survived by his widow and foul children e j - ri “Hoover Cousin” Held On Forgery Charge Sept 10- - (UP) — Eugene G Hill 138 who claimed to a second 'cousin to President Hoover was heljd in jail today on suspicion of forgery Hill allegedly forged r $55 check on a Palm Beach Fla bank and a $30 check qn 'a Memphis Tenn bank One of he checks it was said was cashec by a Los Angeles hotel Hill was arrested here at the home of his aged patents His father Henry L Hill 851 said he was a first cousin of the president LOS ANGELES Graf Zepj Circles ' at the Ogden Union stockyards was started today by & Sons A COBS BEATEN ‘ of Drouth Noted Manufacture Has Decreased Far Below Bate of Con-I- fi Monthly Federal sumption and That Means There Will Be Grand if Reports Rush to Fill Shelves With Merchandise For Buyers Railroads to Be Busy Handling Traffic His CORIS OUTLOOK GOOD Effects Reputation Behind Forecast’ —— — — — in —— CARDINALS WIN ROBINS CLIMB Bottomley’s Home Run Helps To Break Up Ball Game NEW YORK Sept 10— (AP)— A rally in the eighth inning in which Jim Bottomley’s home run with one on base was the deciding factor enabled the St Louis Cardinals to defeat the Giants 5 to 3 in the second game of their important series today The victory enabled the Cards to hold second place in the hectic National league race and cost the Giants a chance of moving out of fourth ROBINS BEAT CUBS BROOKLYN Sept 10— (AP) — Smashing Charley Root from the mound to score five runs in the first inning the Brooklyn Robins defeated the league leadingChicago Cubs for the second successive time today 6 to 0 Adolfo Luque veteran Cuban repeated Ray Phelps’ feat of shutting out the Cubs with five hits The victory left the Robins in third place but only a game and a hal behind Chicago NATIONAL 0 5 Chicago 6 11 Brooklyn Batteries: Root Petty Nelson and Hartnett Luque and Lopez 5 8 St Louis New York 3 9 Batteries: Johnson Bell and Wilson Fitzsimmons and Hogan four-ru- n i o 4 Pittsburg 5 8 Batteries: Kremer Spencer and Bool Zachary and Spohrer 4 12 Cincinnati 5 11 Philadelphia Batteries Rixey Kolp and Gooch Boston Sweetland Collins anc AMERICAN 4 0 Philadelphia Detroit 4 5 Batteries: Shores Walberg and Cochrane Sorrell and DeSautels Boston Chicago Batteries: Faber ing Crouse AMERICAN 6 2 JOBS BELIEF Labor Unions Likely To Advocate Making 275 Brew ATLANTIC CITY N J Sept 10 (UP) — The executive council of the American Federation of Labor probably will recommend to the organization at its annual meeting at Boston October 6 that the manu facturetjbf 275 per cent beer be le-galized according to William Grefen president of the federation Legalization of 275 per cent beer he said would give employment to several hundred thousand workers and contribute to the income of as many more " PERMIT FOR WHISKY WASHINGTON Sept 10— (UP)— Permits for manufacture of additional 2000000 gallons of bourbon and rye whisky for medicinal purposes are soon to be issued by the treasury it was learned today For the first time since days the treasury this year authorized manufacture of whisky to replenish medicinal stocks Six distilleries in Kentucky and Pennsylvania are producing 2000000 gallons this year Decision has now been reached to be a similar quantity 1 commission firms and the railroads The present structure used as an exchange building will be retained until the new one is completed and then torn down The building now used as an office by Mr Whitlock and his staff will be torn down immediately and the new structure built on that space The erection of the building was made necessary by the growing business of the yard Whitlock said and the need of adequate for the commission firms quarters The structure is to be finished by the first of January 1931? Besides the actual construction of the building there will be a certain amount of landscaping done to the grounds The trees hording the canal which parallels Wilson Lane will be removed and that space graded into parking room with concrete bridges across the canal to the road 12 6 MacFayden and Hev Moore Walsh and awarded to the Merritt Chapman & Scott corporation of San Pedro for grading trestling and culvert construction work on the spur line from Takeoff Point near Lias Vegas Nev to Summit the proposed government construction camp near the Boulder dam site The company won the award with a bid of $115000 22-m- ile Negroes Lynched i i Sen-place- I bushels Durtim wheat indicated produc tion was placed at 50950000 bushels compared with 48290000 bushels indicated-a month ago and a crop of 52380000 bushels last year Othe£ spring wheat shows an indiof 189419000 bushels as cated against 174931000 bushels a month ago and production of 175625000 bushels last year PRODUCTION LISTED Thes production of all wheat both winter and spring this year is indicated! as 837761000 bushels com Peach Day Ballyhoo Will pared (with a forecast of 821000000 bushels a month ago and 806000000 Be Given On Ogden bushels produced last year Streets Production of oats is indicated at 1390892000 bushels as compared with a forecast of 1316369000 bush- With a congratulatory float de-e- ls a month ago and 1233574000 picting peaches the Ogden cham- bushels produced last year ber of commerce will - join with Production of other crops as in- - I Brigham City Friday and Saturday their condition Septem- - I in the celebration of Peach Day dicatedtby ber 1 With the total production last The float will be taken to Brigham year v’fere announced as follows: Friday morning by E R Dumke 1929 I manager of the industrial division September Production I Df the chamber of commerce and 323000000 304GGO000 will be presented in the parade both 4 40500000 days 1® is'finn’nnn I The float a beautiful bit of work with peaches as the central motive Ifc carry information bearing on enn nnn mi Winter Sports program to be iiornmn the held in Ogden in the winter and the iQ7mnnn hvestock show in ’January 142000 000 will be many Ogden citizens There 000 45800 21 600 000 in attendance For the past 20 years ’S’ioo’ooo °8den has joined with its neighbor 360 000000 city in the observance of the day PARADE TOMORROW 84700000 An impromptu parade advertising 7 320 000 Brigham City’s Peach Day queen contest and the annual festival will PERCENTAGE OF NORMAL The- condition of the various crops b® held in Ogden early Thursday on September 1 in percentage of a I evening President Benj C Call of the Box Elder chamber of com- normal :were as follows: COrn516 durum wheat 698merce and commercial club another spring wheat 631 oats 803 I nounced today barley 747 buckwheat 515 flax- - A steam calliope numerous pretty seed 541 hay (tame) 669 beans ?h-l- on horseback and George New-61- 5 482- - ton- - famed trick roper will parade iapples 478 peaches the streets and Newton will 668 823 pears grapes potatoes through give an exhibition with the rawhide 634 sweet potatoes 576 sugar on principal downtown comers beets j 852 : QUEEN CARNIVAL ¥4 The queen carnival will be helc Thursday night at the Bluebird hall in Brigham City with the review and coronation at 11 o’clock The ! Couple festival proper opens Friday and will be repeated Saturday Hot blooded descendants of wild KAYSVILLE Sept 10— The gold en wedding reception of John G M horses which formerly roamed the and Marian McFerson Barnes was western portion of Box Elder county held at the Davis county high school in the vicinity of Promontory will on Tuesday evening following a fam- be ridden Friday in the Brigham City Peach Day rodeo according to ily dinner at the Barnes home A musical program was held In J Leo Hansen chairman of the the auditorium at 8:30 The speak event John Adams Ethelbert Larson and ers were Richard R Lyman of Salt Lake Ei P Ellison of Layton A P Jess Nichols Promontory ranchers Brigham City in stagBigelow of Ogden and Mr Barnes! are assisting J George Barnes the oldest son ing the event was master of ceremonies Music was furnished by Professor A H Lund and Alvin Keddlngton Miss Barnes a granddaughter read The flatter part of the evening was spent in: dancing in the gymnasium Seven hundred fifty guests were PRETTY GIRLS FROM BRIGHAM COMING HERE I ! 1 1 1 1 1 - s 1 Reception Honors Kaysville OGDEN LIBRARY FUND INCREASED I Diver Asks Tb Leave Hospital Commission Heeds Pleat of Board Members For ! Progress § NEW ORLEANS Sept 10— (UP) —Impatient with confinement in a John Edward Carver president hospital Nick Danese Mrs Dorothy De Wees Wheelwright diver Who was rescued yesterday librarian A P Bigelow A- - E after being trapped for 25 hours in Becker and John T Rushmer reppiling jfar below the surface of a resenting the Carnegie free library drainage’ canal hoped to prevail on board of Ogden appeared before doctor today to permit him to re-- 1 the city board of commissioners this turn to his home and children morning to request that additional Danesq had an old friend to thank I funds be provided for library pur- for hi$ rescue although more than next year It was estimated 600 men toiled to stem the canal poses by Mr Carver that the library would current which wedged him in his need $1580880 next year to meet watery prison plans for building improvement enlargement of the stock of books more and better equipment and oth ALBANY N Y Sept 10— (AP) — Flag-Pol- e er things to modernize the library Governor Roosevelt today came out that It was represented com-C 1 facilities for repeal of the eighteenth board desires to ! nets New Record the library plete its budget for the year and that it was much desired to know STRAWBERRY POINT la Sept I whether the city commission would I Ftes-P?1Sitter Bill make an effort to increase the "77 $P-Stood up in his chair at the I brarv income top of a pole this morning The city board voted unanimously rubbed his eyes and proclaimed to assure the library board that it himself a world's champion could go ahead with its budget plans At 4:30 a m Bill equalled the on the basis suggested and that the record of 49 days and one hour set amount would be written into the ay “Shipwreck” Kelly in Atlantic city budget for the year 1931 the tax City and Bill cheerfully telephoned levy to be so arranged that the sum to ground crew that the end of desired would be forthcoming THICAGO Sept 10 — (UP) — Herman Eiler 26 who rode into his the “sit is not yet in sight" At the present time the library u Chicago six weeks ago as a hobo will leave the city in state 4 board is receiving only a little over Uj He is dead Eight policemen will pay his fare home $9000 for maintenance which was termed so inadequate as to Out of work and money Eiler left his wife and four children Nationalists Begin I barrass the board It was said by in Cheyenne Wyo a month and a half ago and came here on that the Drive Upon Rebels Ogdenlibrlibraryrepresentatives a freight train He looked for work but found only promises is less than receiving — Last Saturday he received a letter His hands trembled the amount furnished li 1“ cttxtI4tttT — — as Ae finished 10 SHAN GHAI Sept j braries in other cities of like size (AP) reading it He ran several blocks to a right-of-whundred thousand government J Excited and unnerved he attempted torailway board Four troops began a vast offensive today i the first train that passed going west It was a fast train TJ I J to drive northern alliance rebels out I AVlcltOr A Brookfield policeman found Eiler crushed and broken iiClGRSPQ Honati of province on the right-of-wIn the man’s pocket Chief Edward O’Con4 nor of the suburban force found the letter IN RACE PATTERSON It was from Eller’s wife It said the authorities were going 10 — Opposing SALT LAKE Sept to send her and the children to the county home and that adoption of the constitutional tax rather than go she would kill the children and herself amendments State Senator Knox There are only eight men on the Brookfield force but they Patterson of Moab announced his raised $20 quickly and sent it to Mrs Eiler Now the police are candidacy Tuesday for n the Twelfth district comprising going to pay EHer’s way back home CarbonL Emery Grand and San Juaff counties old GOOOOSEVELT I FAVORS REPEAL r- - Sitter n : I 1 1 ‘ Police Provide' Fund For Wyoming Hobo ® 100-fo- 1 ot L ‘ I I one-thi- ay Two TENNIS FOR EXERCISE NEW YORlk Sept 10— (AP)— Mob By Mississippi George Lott intends to play tennis for exercise hefeafter giving up -- tournaments f’lt’s a great game for SCOOBA Miss Sept 10— (AP)— rules by the usur- fellows in school” he Two explained negro prisoners were taken He may serve well “but when you go to work can’t from you deputy sheriffs near here or his afford the timerilecessary to keep in today two eventually he by a mob and lynched tyrant and must be form You’ve got to give up one or The two officers were tied to a i the other” shedding of blood tree by the mob f Roger W Babson famed statistician predicted today refusing to discuss the outlook for 1931 ' he told m l 1116 Though uic uiuuiu were ucvDui annual National Business conference that “the tre- the department of agriculture’s monthly crop reports today which mendous drop registered by the Babson chart since last the indicated corn crop for this year at 1982765000 as compar-- 1 ember must soon strike bottom if it has not already done ed with an indicated production of so” and he was confident there would be a definite business 2211823000 bushels a month ago pick-u- p the coming autnmni Corn production last year was 1 TO CREATE — 1 qf-o- Sukeforth Davis — Durum Wheat Production HILLS Mass Sept 10 — (UP)Relief from Placed Under 929 WELLESLEY business depression may be expected this fall Output — d- I 1 MOSCOW Sept 10— (UP)— The Graf Zeppelin! Commanded by Dr Hugo Eckener arrived from Freder-ickshafmanufacture at 9:45 a m today and next year circled over the (city en Grant undercover man for the mayor’s office wasn’t very popular around the police station today WalteRcame into a crowded detectives’ room showing one of those new fangled fountain pens that hide a potent tear bomb The sleuths gathered around to view the new marvel of science and invention And of course Walter had to choose that moment just to let it fall The big gumshoe boys sneezing and wiping the tears from their eyes dashed for open air It was quite a while before they had time to get real angry with Walter And somehow he couldn’t convince them it was an accident contractors George Whitmeyer The building will be 175 feet long and 50 feet wide front- ins on Wilson lane It will be built of reinforced concrete BOULDER LINE with brick facing and will contain rooms for 50 offices a lob-- ‘ 'by 'that will extend through both stories a fountain lunch CONTRACT LET barber shop and sbower room present The offices of L F Whitlock LOS 10— ANGELES (AP)— of Sept the manager yards will be in the Union Pacific railroad anbuilding as will the quarters of the The nounced today contracts had been Rescued BEER pre-prohibit- ion Over! Russian City Li Babson Predicts INCREASE BUT Business Spurts' POTATO CROP FOUND LOWER In U S This Fall SUGAR BEETS TEARS FLOW FROM EYES OF L A SLEUTHS u Veterans rrom Wo LAST EDITION if ay ( ion i y rd “A year ago today a financial writer stated that all parts of the country were optimistic except Babson Park which had the ‘blues’” Babson said “Today I should say that most parts of the country have the ‘blues’ while Babson Park is optimistic In making this statement I am referring only to our general outlook on the imediate situation without any longterm forecasts onemaking way or the other” Babson declared that “with the haughty spirit prevailing a year ago a decline was inevitable but the humble spirit existing todaywitha turn for the better is sure to come” The text of Mr Babson’s1 statement on the business outlook follows: “Statistics' upon careful analysis justify an optimistic outlook at least for the coming fall My reason for this statement is as follows: Consumption has fallen off only about 10 per cent taking all lines of industries and all sections of the country Of course in certain lines this falling off has been greater and in other lines it has been less but on the average consumption has not fallen off more than 10 per cent This applies not only to retail sales but also is true when these sales are corrected as to deterioration wear and tear etc Yet while consumption has fallen off only 10 per cent production has fallen off 20- per cent- - and - the transportation: of goods has fallen off 30 per cent This means that inventories both on the part of manufacturers jobbers and retailers are becoming abnormally low “If consumption production and transportation had fallen off about the same percentage there might be no logical reason for improving business this fall Under the circumstances however it is very possible that there will be a stampede of orders and congestion of freight between now and Christmas in certain lines and certain sections I am making no forecast as to 1931 but I am certainly optimistic regarding this fall as to commodities money rates general business and even the stock market It is just as evident today that business is now bound to improve as It was evident a year ago that the high pace of early 1929 copld not be kept up BARGAINS IN COMMODITIES “During a period of sharply fall- -- ’ ing commodity prices buyers always become extremely cautious They restrict their buying to the lowest levels possible This aggravates the price decline and as a result many commodities sell far below their intrinsic value That is what has happened in the case of a number of commodities in the past few months While no business man is justified in speculating in commodities he should take advantage in these extremely low prices to accumulate the supplies which he will need for use in his business “Experience has shown that the average man buys only on a rising market The way to get people to buy copper iron or lead is to mark up the price This same principle is very evident in the stock market The more the market goes down the more people wish to sell and the more the market goes up the more people wish to buy In ail departments of industry and commerce a rising market is a great stimulant to business Now it is impossible to have a rising market continually and hence prices must be knocked down once in so often in order to have rising - markets follow As people will not buy dur- ing a falling market hence it is to the business man’s interest to have the decline as rapid as possible so it will not last long Hence an ideal situation existed during the past eight months The declines in all commodities and investments have been rapid and abrupt and many are now at a level where it is an easy matter to build up again a rising market BETTER OUTLOOK FOR EMPLOYMENT The general downward trend of employment has now turned and the outlook for fall is for higher employment and payroll totals There still will be much unemployment this winter but improvement in general business will induce a somewhat higher rate of industrial operations and a firmer commodity price trend will encourage producers to take on more help There will still be wage cutting in certain lines but there is no indication of general slashing of wage levels and purchasing power ought to show some improvement The purchasing power of the workers moreover is helped by the lower cost of iving inasmuch as a dollar will go further in the purchase of household necessities food fuel rent and light than it would a year ago This tends to offset to some extent ower wages and part time work or unemployment AGRICULTURAL SITUATION “On the whole crops while damaged may be considered a less unfavorable factor in the business out-oo- k than was believed to be the (Continued on Fare Two) 1 ' |